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SHANGHAI/BEIJING Listed firms controlled by Tomorrow Holdings, the company run by missing Chinese-born businessman Xiao Jianhua, slumped on Friday, despite the parent group saying its businesses were all operating normally. Mystery swirled around billionaire Xiao’s whereabouts earlier this week, with some reports saying he had been abducted from Hong Kong and taken to mainland China. A statement purportedly from Xiao posted in a Hong Kong newspaper said […]

The Australian Taxation Office (ATO) has suffered another setback to its systems restoration, announcing on Friday afternoon that it is not expecting service availability to its key applications before the weekend. “Due to an unforeseen complexity in the system restoration process, our services are unlikely to be available before close of business today,” the ATO said. “We fully acknowledge the significant impact this is having on our […]

The UAE’s efforts to help eradicate polio in Pakistan “cannot be underestimated” and has played a significant role in the turnaround seen in the country since 2014, according to the World Health Organisation. WHO said in a statement that in 2016, fewer children were paralysed by polio than in any other year globally, and in Pakistan. Despite many challenges faced by the polio programme, Pakistan has made […]

As an expectant crowd of couples, families, retirees and grizzled world trekkers wait to board our Antarctic-bound ship, the mood is overwhelmingly one of anticipation. Talk is of when the first orca or iceberg will be sighted, and trepidation at the state of the Drake Passage, the notoriously rough sea that sits between us and the pristine ice of Antarctica. As we leave the docks of the […]

A number of agreements were signed as part of the UAE’s innovation and world-class health care agenda UAE, February 2, 2017  The Ministry of Health and Prevention (MOHAP) has announced that the Ministry’s participation this year has had a strong line up of innovative health services launched globally and regionally during its participation at the Arab Health Exhibition & Congress 2017, which was hailed by participants and […]

SHANGHAI China’s top diplomat said the country’s ‘Silk Road’ push would help boost international cooperation at a time when the risk of “isolationism” is growing. The ‘One Belt, One Road’ scheme, promoting infrastructure projects along historical land and sea trade routes, is helping “align China’s development with that of other countries”, State Councillor Yang Jiechi said in a commentary on Friday in the official China Daily newspaper. […]

“96 million really wanting a job and they can’t get (it). You know that story. The real number — that’s the real number.” Donald Trump cited this highly misleading statistic in his first press conference after the election. It was a claim with scant evidence, but he said it anyway. But what if someone could stop a world leader during a speech and demand proof? It may […]

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ORINOCA, Bolivia Bolivia on Thursday opened a $7 million museum dedicated to President Evo Morales and indigenous peoples in Morales’s birthplace of Orinoca high up in the deserts of the Bolivian antiplano. Morales ordered the museum to be built by decree shortly after he became Bolivia’s first indigenous president in 2006, creating a place to hold hundreds of his gifts as well as photos, videos and archaeological […]

Microsoft has filed a formal request for an exception to President Donald Trump’s ban on travel into the United States from seven countries, saying visa-holding students and workers who are “responsible known travellers with pressing needs” should be permitted to re-enter the nation under the sponsorship of US companies. Trump’s executive order — preventing travel into the US from Iran, Iraq, Syria, Sudan, Somalia, Yemen, and Libya […]

WASHINGTON The Trump administration said on Thursday Israel’s building of new settlements or expansion of existing ones in occupied territories may not be helpful in achieving peace with Palestinians, adopting a more measured tone than its previous pro-Israel announcements. In a statement issued two weeks before Israeli Prime Minister Benjamin Netanyahu is due to visit U.S. President Donald Trump, the White House said the administration “has not […]

KABUL On a snowy mountaintop to the west of Kabul, a group of Afghan girls practice the flowing movements of Wushu, a sport developed from ancient Chinese kung fu martial arts, stretching and bending and slashing the air with bright swords. In a country where women’s sport is severely restricted, the Shaolin Wushu club in a part of Kabul that is home to the capital’s Hazara ethnic […]

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we enjoy a good laugh, the truth is that the first step to […]

Visa Inc (V.N), the world’s largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network. The company, whose shares were up 3.4 percent in extended trading on Thursday, also affirmed its full-year profit and revenue forecasts. “The battle between strong business fundamentals and unfavorable exchange rate shifts will drive our results as we look ahead to the rest of […]

The war of words with Iran came just hours after news had emerged of a combative phone call that took place on Saturday between Mr. Trump and Australia’s prime minister, Malcolm Turnbull, when Mr. Turnbull pressed the president to honor an American agreement to accept 1,250 refugees from an Australian detention center. Continue reading the main story On Thursday morning, Mr. Trump told an audience at the […]

WASHINGTON U.S. President Donald Trump discussed with Jordan’s King Abdullah the possibility of establishing safe zones in Syria, the White House said on Thursday. Trump met with King Abdullah briefly in Washington on Thursday morning, the White House said in a statement. Trump said last week he would establish safe zones in Syria for refugees fleeing violence in the war-torn country. (Reporting by Eric Beech) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); […]

Tableau published fourth quarter and end of year results after the bell on Thursday. The Seattle-based data visualization firm reported a net loss of $21.1 million, or 28 cents per share. Non-GAAP earnings were 26 cents per share on top of $250.7 million in revenue, up 24 percent year over year. Wall Street was expecting just 13 cents per share with revenue of $230.3 million. Tableau’s shares […]

02 February 2017 For years, mid-tier banks have been told they’re potentially heading for extinction The barbell effect dictates that the middle will be significantly challenged by an increasingly tough business environment, with only the very large and the very niche institutions being able to succeed. And indeed the outlook does look challenging, if one adds up the increased cost of regulatory compliance, the pressure on fees […]

By Gina Cherelus | NEW YORK NEW YORK Hundreds of New York City bodegas, grocery stores and restaurants owned by Yemeni Americans closed for hours on Thursday in protest against U.S. President Donald Trump’s immigration policies, organizers said. Loyal patrons who rely on the stores for staples of daily life had to look elsewhere for lunch after more than 1,000 locations shut their doors from noon to […]

It’s here! Snap — which confidentially filed for its IPO late last year — has released its public filing through the Securities and Exchange Commission. This is another incremental step in the process of going public, but it’s probably the most important because we’re finally getting our first glimpse at the financial guts of the company. Snapchat has gone from a zeitgeist-y app among a younger audience to […]

By Patricia Zengerle | WASHINGTON WASHINGTON President Donald Trump said on Thursday that “nothing is off the table” in dealing with Iran following its test launch of a ballistic missile, and his fellow Republicans in Congress said they would back him up with new sanctions. Trump comment was in response to a question about whether he would consider military options to respond to Tehran, a day after […]

By Maria Carolina Marcello | BRASILIA BRASILIA The Supreme Court picked its newest member on Thursday to take over the investigations of politicians implicated in Brazil’s biggest-ever graft scandal, expected to shake the country’s establishment and government because of important new testimony. Court officials said Justice Edson Fachin was chosen by random electronic selection from among a group of five of the court’s 10 members and will […]

Hey, you guys! More adventures are about to unfold in LEGO Dimensions because the Goonies are coming. Warner Bros. Interactive Entertainment announced on Thursday that The Goonies expansion pack for LEGO Dimensions will be released on May 9. In The Goonies Level Pack, gamers are on the mission to help Sloth and Chunk escape from the Fratelli hideout so that they can join the boys on their […]

Tehran is moving cautiously, keen to avoid provoking a conflict. But one analyst says, “For this Trump, we need to talk and act tough.” NYtimes

Nickel rose on Thursday, outpacing other industrial metals, as speculators rushed to close bearish bets after the Philippines pressed ahead with an environmental crackdown on domestic producers. Nickel for delivery in three months on the London Metal Exchange rose as much as $250 to $10,500 tonne after Manila ordered the permanent closure of mines that produce about 8 per cent of the world’s nickel supply. The metal […]

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